2017-22608

Federal Register, Volume 82 Issue 200 (Wednesday, October 18, 2017)

[Federal Register Volume 82, Number 200 (Wednesday, October 18, 2017)]

[Notices]

[Pages 48496-48497]

From the Federal Register Online via the Government Publishing Office [www.gpo.gov]

[FR Doc No: 2017-22608]

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COMMODITY FUTURES TRADING COMMISSION

Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (``PRA''), this

notice announces that the Information Collection Request (``ICR'')

abstracted below has been forwarded to the Office of Management and

Budget (``OMB'') for review and comment. The ICR describes the nature

of the information collection and its expected costs and burden.

DATES: Comments must be submitted on or before November 17, 2017.

ADDRESSES: Comments regarding the burden estimate or any other aspect

of the information collection, including suggestions for reducing the

burden, may be submitted directly to the Office of Information and

Regulatory Affairs (``OIRA'') in OMB within 30 days of this notice's

publication by either of the following methods. Please identify the

comments by ``OMB Control No. 3038-0059.''

By email addressed to: [email protected]; or

By mail addressed to: the Office of Information and

Regulatory Affairs, Office of Management and Budget, Attention Desk

Officer for the Commodity Futures Trading Commission, 725 17th Street

NW., Washington, DC 20503.

A copy of all comments submitted to OIRA should be sent to the

Commodity Futures Trading Commission (``CFTC'' or ``Commission'') by

either of the following methods. The copies should refer to ``OMB

Control No. 3038-0059.''

By submission through the Commission's Web site: http://comments.cftc.gov. Please follow the instructions for submitting

comments through the Web site;

By mail addressed to: Christopher Kirkpatrick, Secretary

of the Commission, Commodity Futures Trading Commission, Three

Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; or

[[Page 48497]]

By hand delivery/courier to: The address listed above for

submission by mail.

A copy of the supporting statements for the collection of

information discussed herein may be obtained by visiting http://RegInfo.gov.

All comments must be submitted in English, or if not, accompanied

by an English translation. Comments will be posted as received to

http://www.cftc.gov. You should submit only information that you wish

to make available publicly. If you wish the Commission to consider

information that you believe is exempt from disclosure under the

Freedom of Information Act, a petition for confidential treatment of

the exempt information may be submitted according to the procedures

established in Sec. 145.9 of the Commission's regulations.\1\ The

Commission reserves the right, but shall have no obligation, to review,

pre-screen, filter, redact, refuse or remove any or all of your

submission from http://www.cftc.gov that it may deem to be

inappropriate for publication, such as obscene language. All

submissions that have been redacted or removed that contain comments on

the merits of the ICR will be retained in the public comment file and

will be considered as required under the Administrative Procedure Act

and other applicable laws, and may be accessible under the Freedom of

Information Act.

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\1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: David Steinberg, Commodity Futures

Trading Commission, phone: 202-418-5102, fax: 202-418-5527, email:

_____________________________________-

[email protected], and refer to OMB Control No. 3038-0059.

SUPPLEMENTARY INFORMATION:

Title: Part 41 Relating to Security Futures Products (OMB Control

No. 3038-0059). This is a request for extension of a currently approved

information collection.

Abstract: Section 4d(c) of the Commodity Exchange Act (``CEA''), 7

U.S.C. 6d(c), requires the CFTC to consult with the Securities and

Exchange Commission (``SEC'') and issue such rules, regulations, or

orders as are necessary to avoid duplicative or conflicting regulations

applicable to firms that are fully registered with the SEC as brokers

or dealers and the CFTC as futures commission merchants involving

provisions of the CEA that pertain to the treatment of customer funds.

The CFTC, jointly with the SEC, issued regulations requiring such

dually-registered firms to make choices as to how its customers'

transactions in security futures products will be treated, either as

securities transactions held in a securities account or as futures

transactions held in a futures account. How an account is treated is

important in the unlikely event of the insolvency of the firm. Only

securities accounts receive insurance protection under provisions of

the Securities Investor Protection Act. By contrast, only futures

accounts are subject to the protections provided by the segregation

requirements of the CEA.

An agency may not conduct or sponsor, and a person is not required

to respond to, a collection of information unless it displays a

currently valid OMB control number. The OMB control numbers for the

CFTC's regulations were published on December 30, 1981. See 46 FR 63035

(Dec. 30, 1981). The Federal Register notice with a 60-day comment

period soliciting comments on this collection of information was

published on August 4, 2017 (82 FR 36384). The Commission did not

receive any comments specifically addressing the 60-Day Notice.

Burden Statement: The respondent burden for this collection is

estimated to average 1.57 hours per response. These estimates include

the time needed to review instructions; develop, acquire, install, and

utilize technology and systems for the purposes of collecting,

validating, and verifying information, processing and maintaining

information and disclosing and providing information; adjust the

existing ways to comply with any previously applicable instructions and

requirements; train personnel to be able to respond to a collection of

information; and transmit or otherwise disclose the information.

Respondents/Affected Entities: 44.

Estimated number of responses: 943.

Estimated total annual burden on respondents: 1,482 hours.

Frequency of collection: On occasion.

There are no capital costs or operating and maintenance costs

associated with this collection.

Authority: 44 U.S.C. 3501 et seq.

Dated: October 13, 2017.

Robert N. Sidman,

Deputy Secretary of the Commission.

[FR Doc. 2017-22608 Filed 10-17-17; 8:45 am]

BILLING CODE 6351-01-P

 

Last Updated: October 18, 2017